(Image source: Attestiv homepage.)
Insurity (Hartford), a provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced a partnership with Attestiv (Boston) to accelerate automation initiatives, increase fraud protections, and reduce expenses for property/casualty carriers. Through the partnership, Insurity now offers automated document and image validation to its 500-plus customers, which the vendor says saves insurers costs by eliminating manual inspections, reducing fraud, and minimizing reputational risk.
Sylvester Mathis, Chief Insurance Officer, Insurity.
Attestiv provides a tamper-proof media validation and automation platform for insurance, financial services, and related industries. Attestiv verifies the authenticity of digital media, including photos, videos, and documents. This empowers organizations to deploy trusted automation initiatives protecting them from fraud and losses by providing the highest standard for information exchange, according to an Insurity statement.
Utilizing Attestiv’s patented AI and blockchain technology, Insurity says its customers will benefit from enhanced fraud analysis for insurance claims and underwriting images, videos, and documents provided by policyholders, field adjusters, and third parties. Insurity’s customers will also benefit from reduced costs due to automated validation, fraud reduction, and streamlined claims handling, the vendor says.
Foundation for Trusted Automation
Nicos Vekiarides, CEO, Attestiv.
“Attestiv’s AI provides the foundation for trusted automation that protects insurance companies against fraud while accelerating their digital transformation initiatives,” Sylvester Mathis, Chief Insurance Officer, Insurity. “With this partnership, Insurity enables a differentiating standard for trusted automation in the insurance industry.”
“With P&C insurance carriers positioning AI automation to build industry-leading offerings, Attestiv is paving the way with automated AI fraud protection,” comments Nicos Vekiarides, CEO, Attestiv. “By partnering with Insurity, we are excited to be able to provide our innovative AI technology seamlessly within Insurity’s cloud-native platform and beyond.”
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